This one Joint Venture Agreement is drawn in general terms without specific reference to any industry for companies and firms keen on formalizing their relationship in a revenue sharing model of setting up Joint business ventures.
The intention and purpose is to make the document suitable for covering International transactions, however, it can also be used for domestic versions of a similar arrangement.
A person or company arranging terms for a Joint Venture business in a manufacturing or service industry in India.
consists of a large number of variables to suit various circumstances and address all eventualities.
suitable for service providing and manufacturing industries.
ready for adaptation to particular needs of either or both parties.
comprehensive provisions. no shortcuts.
user friendly. drawn in plain and simple English.
Percentage of participation.
Duration and termination.
Delegation of authority.
Joint Venture Bank Accounts.
Account books maintenance and audit.
Appropriate legal provisions - warranties, exclusions, indemnities, etc.
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